Armenian officials involved in Panama offshore scandal to be punished: vice speaker
11.05.2016,
11:27
Armenian officials involved in Panama offshore dealings will be punished only if they are found guilty by Armenian courts and if its will be possible to prove the fact of money laundering, Eduard Sharmazanov, vice speaker of the Armenian National Assembly, told journalists on Tuesday.
YEREVAN, May 11. /ARKA/. Armenian officials involved in Panama offshore dealings will be punished only if they are found guilty by Armenian courts and if its will be possible to prove the fact of money laundering, Eduard Sharmazanov, vice speaker of the Armenian National Assembly, told journalists on Tuesday.
“If the persons in the list are connected with any official or if it becomes known that they are involved in dirty deals and illegal transactions, that they have taken financial resources from the country, they will be punished for sure,” Sharmazanov is quoted by Novosti-Armenia as saying.
He declined from further comments saying that the matter is being scrutinized now by Armenian investigators.
He called on everybody to refrain from accusing the officials involved in the dirty deals until they are found guilty.
The updated 'Panama Papers' database, available at offshoreleaks.icij.org, includes 37 individuals and entities affiliated with Armenia. The document includes 32 addresses, as well as three companies that mention the word "Armenia" - ARMENIA GROUP S.A., ARMENIA DEVELOPMENT LTD, GPM ARMENIA LTD, two of which are registered in the British Virgin Islands. The place of registration of the third is unknown. At the same time, these three companies are indirectly linked to Luxembourg, Panama and the United Kingdom.
Mihran Poghosyan, chief bailiff of Armenia, who ran Armenia’s agency for compulsory execution of court decisions before the offshore scandal and resigned immediately after the scandal broke out.
According to Hetq.am, Armenian media resource engaged in journalistic investigations, Poghosyan is shareholder of three companies registered in Panama - Sigtem Real Estates Incorporated, Hopkinten Trading Incorporated and BANGIO INVEST S.A..
The world biggest media resources possess many pieces of evidence that prove that Mossack Fonseca Company in Panama regularly helped clients to launder money, avoid sanctions and evade taxes.
Some 72 current and former heads of states are mentioned in the documents. -0---
“If the persons in the list are connected with any official or if it becomes known that they are involved in dirty deals and illegal transactions, that they have taken financial resources from the country, they will be punished for sure,” Sharmazanov is quoted by Novosti-Armenia as saying.
He declined from further comments saying that the matter is being scrutinized now by Armenian investigators.
He called on everybody to refrain from accusing the officials involved in the dirty deals until they are found guilty.
The updated 'Panama Papers' database, available at offshoreleaks.icij.org, includes 37 individuals and entities affiliated with Armenia. The document includes 32 addresses, as well as three companies that mention the word "Armenia" - ARMENIA GROUP S.A., ARMENIA DEVELOPMENT LTD, GPM ARMENIA LTD, two of which are registered in the British Virgin Islands. The place of registration of the third is unknown. At the same time, these three companies are indirectly linked to Luxembourg, Panama and the United Kingdom.
Mihran Poghosyan, chief bailiff of Armenia, who ran Armenia’s agency for compulsory execution of court decisions before the offshore scandal and resigned immediately after the scandal broke out.
According to Hetq.am, Armenian media resource engaged in journalistic investigations, Poghosyan is shareholder of three companies registered in Panama - Sigtem Real Estates Incorporated, Hopkinten Trading Incorporated and BANGIO INVEST S.A..
The world biggest media resources possess many pieces of evidence that prove that Mossack Fonseca Company in Panama regularly helped clients to launder money, avoid sanctions and evade taxes.
Some 72 current and former heads of states are mentioned in the documents. -0---
